Market Updates :

CAN TRY BTST FO RIL @ 871-872, WITH SL 855, TGT 880--892-900

WEEKLY STATS 13 - 17June BSE SENSEX CLOSE @ 17870.53 Down 398.01 PTS NSE CLOSE @ 5366.40 Down 119.40 PTS

Nifty Spot Major Support @ 5328 (Closing Basis) And Resistance @ 5403

Videocon Ind Fall 1.44 % On Friday N Close @ 178.35, With Good Volume Seen On Friday. If Crosses 183.25, We May C Major Bounce Back From 183 To 195 In Coming Days.

Stocks To Watch For Short Term : May Bounce Upside With 5 to 7 % in Coming Days

Ambuja Cem CMP @ 128.15
Balrampur Chin CMP @ 60.75
Beml CMP @ 588

Weakness In Mphasis If Falls Below 443, We May C Further Downside To 420 Levels

Maruti Suzuki : The strike lasting over two weeks at Maruti Suzuki India’s Manesar plant in Haryana has resulted in a revenue loss of Rs 420 crore and a production loss of 12,600 cars. On Friday Major Volume Seen In Maruti Suzuki It Close @ 1165, Below 1150, it may slide down to 1122 levels (52week low & 1126 low on 26th July 2010), Closing Below 1122 Levels wil major fall downside levels to 1070 to 1020, It Can Go Upward Direction If Closes Above 1200 Levels, Then Bounce Back To 1238 to 1275Levels !

Nifty Future:

June Month :
Open : 5556.20
High : 5608.50
Low : 5361.10
Close: 5380.10
Avg. : 5476.48

Yearly (2011) :
Open : 6202.10
High : 6209.90
Low : 5175.10
Close: 5450.60
Avg. : 5741.80


NIFTY FUTURE

R5 : 5460
R4 : 5440
R3 : 5428
R2 : 5408
R1 : 5392

CMP: 5380.10

S1 : 5368
S2 : 5342
S3 : 5318
S4 : 5300
S5 : 5278

Note : Kindly Trade With Stoploss